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Will Chiang Wan-an win the next Taipei Mayor election?
87%
Agent
86%
Market Price
+0.6%
Edge
68%
Confidence
50,570
Volume
2.0c
Spread
283
Days to resolution
30
Markets in event
final rationale
Mean of 5 draws (0.87, 0.87, 0.87, 0.86, 0.86). Chiang Wan-an is the confirmed KMT nominee and incumbent in a KMT-leaning city, with Dec 2025 TVBS polling showing 24-37 point leads over DPP contenders, and the DPP ultimately nominated Puma Shen, a polarizing legislator unlikely to outperform the more centrist options polled. The national environment favors the KMT after both 2025 recall waves failed (Polymarket: 87.5% KMT wins most local races), and Taiwan special-municipality incumbents win ~85% of the time historically. With no Kalshi price available, I anchor on Polymarket's 86.5% YES, noting the mild downward drift and unspecified 'legal complaints' as small tail risks, but no head-to-head poll or scandal suggests a competitive race. The main uncertainty is the ~3 months remaining and absence of Chiang-vs-Shen polling.
price vs. prediction
market price
agent forecast at t+0
28 follow-ups
1. Planner Fable 5.1 · Fermi decomposition + tool plan
Tools chosen:
polymarket_direct
polymarket_related
kalshi_related
resolution_source
article_search
claude_news
gdelt_news
wikipedia
code_execution
Sub-questions (Fermi decomposition)
- Has Chiang Wan-an formally confirmed he is seeking re-election as Taipei Mayor in the November 28, 2026 local elections, and has the KMT nominated him?
- Who is the DPP candidate (or leading contenders) for Taipei Mayor in 2026, and what do recent head-to-head polls show versus Chiang?
- What are Chiang Wan-an's current approval/satisfaction ratings as Taipei mayor, and how have they trended over 2025-2026?
- What is the historical base rate of incumbent Taipei mayors (and Taiwanese incumbent mayors generally) winning re-election, and how has Taipei voted in recent mayoral/presidential elections?
- Is there any risk of a strong third-party candidate (e.g., TPP-aligned) splitting the pan-blue vote, or of a KMT-TPP cooperation arrangement in Taipei?
- What is the national political environment (KMT vs DPP approval, aftermath of the 2025 recall campaigns, Lai administration approval) that could produce a wave against or for the KMT in local elections?
- Is there any scenario in which Chiang steps down or does not complete the race (scandal, health, higher-office ambitions, legal issues)?
Planner reasoning
Chiang Wan-an is the incumbent KMT mayor of Taipei, a traditionally KMT-leaning city, and incumbents in Taiwanese local elections have very high re-election rates. Key uncertainties are whether he runs for re-election (vs. being drafted for other roles), who the DPP nominates, current polling margins, and national political mood (post-recall votes, KMT/DPP approval) ahead of the November 28, 2026 election. The Polymarket price is the primary anchor; cross-market signals and Taiwanese polling news should refine it.
2. Research Parallel tool calls
| tool | status | time | items | summary |
|---|---|---|---|---|
| polymarket_direct | OK | 0.3s | 1 | ## This Market's Polymarket Data **Will Chiang Wan-an win the next Taipei Mayor election?** - Current price (probability): 86.50% - 7-day price change: -4.00% - 30-day price change: -5.00% - Total volume: $50,570 (USD notional) - Price range: 84.50% - 93.50% - Data points: 38 days |
| polymarket_related | OK | 1.6s | 20 | Polymarket search over 4 keyword(s), kept 20 matches. keyword 'Taipei mayor': 5 markets | keyword 'Taiwan local elections': 5 markets | keyword 'Chiang Wan-an': 5 markets | keyword 'KMT': 5 markets |
| kalshi_related | OK | 6.0s | 1 | 1 related markets / summaries. keyword 'Taipei': no matches | keyword 'Taiwan election': ok | keyword 'Chiang Wan-an': no matches |
| resolution_source | FAILED | 1.2s | 1 | https://db.cec.gov.tw/: ConnectError: [SSL: CERTIFICATE_VERIFY_FAILED] certificate verify failed: Missing Subject Key Identifier (_ssl.c:1081) |
| article_search | OK | 1.8s | 31 | Fetched 31 unique articles across 4 queries (lookback=120d). 'Chiang Wan-an re-election Taipei mayor 2026': 10 articles | 'Taipei mayor election poll DPP candidate': 10 articles | 'Taiwan 2026 local elections KMT DPP nominations': 10 articles | '蔣萬安 民調 台北市長 2026': 10 articles |
| claude_news | OK | 25.6s | 15 | ## Key Findings: 2026 Taipei Mayor Election - **Chiang confirmed running for re-election**: As of July 2026, KMT sources confirm in Taiwan's six special municipalities, Taipei Mayor Chiang Wan-an and Taoyuan Mayor Chang San-cheng are seeking re-election , and he was formally supported at the KMT's |
| gdelt_news | OK | 165.4s | 30 | GDELT: 30 articles across 3 queries (lookback=90d). 'Chiang Wan-an Taipei mayor': 10 hits | 'Taipei mayoral election 2026': 10 hits | 'Taiwan local elections 2026 DPP KMT': 10 hits |
| wikipedia | OK | 1.2s | 4 | Fetched 4 Wikipedia entries (1 missing pages). |
| code_execution | OK | 53.2s | 0 | ## Base Rate Analysis: Chiang Wan-an's Re-election Prospects **Historical Taipei-specific base rate (1994–2022):** - Incumbent mayors seeking re-election: Chen Shui-bian (1998, **lost**), Ma Ying-jeou (2002, **won**), Hau Lung-pin (2010, **won**), Ko Wen-je (2018, **won**) - **Taipei incumbent win |
3. Evidence Brief Sonnet 5 · 7411 chars
# Current state
Chiang Wan-an is the incumbent Taipei mayor (since 2022, KMT) and has confirmed he is seeking re-election in the November 28, 2026 local elections; KMT nominated him and he was endorsed at the party's July 2026 convention. DPP has settled on legislator Puma Shen (沈伯洋) as its nominee after a prolonged search. Polling from late 2025 shows Chiang with commanding double-digit leads over all tested DPP rivals. The election itself has not yet occurred (vote is Nov 28, 2026); resolution depends on official results, expected to be known well before the June 30, 2027 deadline.
# Timeline of key events
- 2022-11: Chiang Wan-an (KMT) elected Taipei mayor, defeating Chen Shih-chung (DPP) and Huang Shan-shan. (confirmed, Wikipedia)
- 2025-07/08: "Great Recall" campaigns against KMT legislators fail in both waves (July 26, Aug 23), boosting KMT/Chiang political standing. (confirmed, The Diplomat/Wikipedia)
- 2025-12: TVBS poll shows Chiang leading DPP legislator Wang Shih-chien 55%–31% (24pt) and Enoch Wu 61%–24% (37pt); weak spot only among 20-29 age group. (reported, TVBS)
- 2026-05: DPP nominates Puma Shen as Taipei mayoral candidate after passing over presumed frontrunner Enoch Wu — described as a "strange turn." (reported, Taipei Times)
- 2026-07: KMT national convention formally nominates Chiang for re-election; party fields candidates in 19 of 21 races nationally, ceding Hsinchu City/Chiayi City to TPP allies. (confirmed, Focus Taiwan)
- 2026-08: Chiang and Puma Shen clash publicly over postpartum subsidy policy — active campaign contrast forming. (reported, LTN/Taipei Times)
- 2026-08: Taipei/Tainan mayors face legal complaints (unspecified nature); Chih-Nan Temple fire prompts Chiang rebuilding pledge. (reported, Focus Taiwan/Taipei Times)
- 2026-09: Taipei Times editorial titled "Chiang Wan-an absurd moves" — critical opinion piece, no scandal specifics surfaced in research. (opinion/rumored severity unclear)
- 2026-11-28 (scheduled): Taipei mayoral election held.
# Event
Will Chiang Wan-an (KMT incumbent) win the November 28, 2026 Taipei Mayor election?
# Outcomes to forecast
Yes / No (resolves "Other" if unresolved by June 30, 2027)
# Kalshi market anchor
No Kalshi-direct price was returned (ticker not found in kalshi_direct results); only unrelated Kalshi markets appeared in kalshi_related (Taiwan election keyword returned no Taipei-specific matches). **No native Kalshi YES price available** — must anchor primarily on Polymarket.
# Resolution source
Attempt to fetch Taiwan CEC database (db.cec.gov.tw) failed (SSL certificate error). No status-quo resolution confirmation available; election has not occurred yet as of research cutoff (research spans through Sept 2026, vote is Nov 28, 2026).
# Sub-question answers
1. **Confirmed candidacy/nomination?** Yes — Chiang confirmed seeking re-election; KMT formally nominated him at July 2026 convention. (Focus Taiwan)
2. **DPP candidate & polling?** Puma Shen (DPP legislator) nominated May 2026. Head-to-head polling (Dec 2025, pre-nomination) shows Chiang beating other DPP contenders (Wang Shih-chien, Enoch Wu) by 24-37 points; no direct Chiang-vs-Shen poll found in research. (TVBS)
3. **Approval trend?** Not directly quantified beyond the Dec 2025 poll showing high overall favorability extending to TPP voters and most age groups except 20-29s (31% vs Wang's 48%). No 2026 approval trendline found.
4. **Historical base rate?** Taipei incumbent win rate 1994-2022: 3/4 (75%, only Chen Shui-bian lost in 1998). Broader Taiwan special-municipality incumbent rate 2010-2022: 15/17 (88.2%). Pooled ~85.7%. (code_execution analysis)
5. **Third-party/TPP split risk?** TPP is weak in Taipei-specific market data (0.15% chance TPP wins most local races overall); some KMT-TPP cooperation/referendum coordination reported (Aug 2026), but a Sept 2026 focustaiwan report notes TPP halted cooperation with KMT in Hsinchu County (unclear direct Taipei relevance). No dedicated Taipei third-party spoiler identified.
6. **National environment?** Post-recall (2025) narrative favors KMT; both recall waves failed, strengthening KMT/Chiang standing. KMT expected to outperform DPP nationally per Polymarket's national-election-count market (87.5% KMT wins most local races vs 11.75% DPP). Ongoing friction stories (cooking-oil scandal rally, cash-handout dispute) show normal partisan sparring, no clear wave signal against KMT.
7. **Risk Chiang doesn't complete race?** No scandal, health, or withdrawal risk identified; coverage instead emphasizes rising 2028 presidential speculation for Chiang, implying he intends to stay in/win this race to build credibility. A Sept 2026 critical Taipei Times editorial ("absurd moves") suggests reputational friction but not disqualifying.
# Key facts (high-confidence, factual)
1. [Wikipedia] Chiang Wan-an, KMT, incumbent Taipei mayor since 2022.
2. [Focus Taiwan, Jul 2026] KMT formally nominated Chiang for re-election; fielding 19/21 local races.
3. [Taipei Times, May 2026] DPP nominated Puma Shen as Taipei candidate.
4. [TVBS, Dec 2025] Chiang led DPP rivals by 24-37 points in polling.
5. [The Diplomat/Wikipedia] Both 2025 KMT recall waves failed, boosting KMT standing nationally.
6. [code_execution] Taiwan incumbent mayor win rate 75-88% historically.
# Cross-market signals
- Polymarket (same market): 86.5% YES, down from ~91-93.5% high, 7d -4%, 30d -5%, $50.6K volume — declining but still strongly favors Chiang.
- Polymarket related: Puma Shen win priced at 13.5% (near-complementary to Chiang's 86.5%, small gap likely "other candidate" residual).
- Polymarket: KMT wins most local seats nationally 87.5% vs DPP 11.75% — consistent national tailwind.
- No sportsbook data available.
# Analyst opinions and speculation
- Taipei Times/Diplomat: Chiang and Taichung's Lu Shiow-yen seen as rising KMT stars post-recall, both eyeing 2028 presidential bids — implies strong incentive to win decisively.
- Long-standing pundit consensus (Taipei Times, pre-2026): Chiang "widely considered... tough to beat."
- Sept 2026 opinion piece critical of Chiang's "absurd moves" — signals some negative press/friction but not quantified as scandal.
# Directional lean per outcome
- **Yes (Chiang wins):** Strong — confirmed candidacy, dominant polling leads, favorable national mood post-recall, high historical incumbent base rate, Polymarket 86.5%.
- **No (Chiang loses):** Weak but nonzero — Polymarket price has drifted down 5-9 points over 30 days (mild softening); a critical editorial and unspecified "legal complaints" against mayors suggest some risk; DPP nominee Shen not yet polled head-to-head; national mood could shift given 90 days between now and election.
# Gaps / unknowns
- No direct Kalshi YES price found for this specific ticker.
- No Chiang-vs-Puma-Shen head-to-head poll located (only pre-nomination matchups).
- Nature/severity of "legal complaints" against Taipei mayor (Aug 2026) unclear.
- CEC resolution source unreachable (technical error) — cannot confirm real-time official status.
- No detailed 2026 approval-rating trendline post-nomination.
# Calibration anchors
- Polymarket YES price (same event): 86.5% — primary anchor absent Kalshi-direct data.
- Historical Taiwanese incumbent mayor win base rate: 75-88% (pooled ~85.7%).
- Fermi-adjusted point estimate incorporating run-probability and current polling: ~77-85%.
4. Forecasters 5 draws · Fable 5.1 + GPT-5.6 Sol
claude-fable-5-1
68% conf
| Yes | 87% |
| No | 13% |
Chiang Wan-an is the confirmed KMT nominee and incumbent in a KMT-leaning city, with Dec 2025 TVBS polling showing 24-37 point leads over DPP contenders, and the DPP ultimately nominated Puma Shen, a polarizing legislator unlikely to outperform the more centrist options polled. The national environment favors the KMT after both 2025 recall waves failed (Polymarket: 87.5% KMT wins most local races), and Taiwan special-municipality incumbents win ~85% of the time historically. With no Kalshi price available, I anchor on Polymarket's 86.5% YES, noting the mild downward drift and unspecified 'legal complaints' as small tail risks, but no head-to-head poll or scandal suggests a competitive race. The main uncertainty is the ~3 months remaining and absence of Chiang-vs-Shen polling.
claude-fable-5-1
62% conf
| Yes | 87% |
| No | 13% |
Chiang Wan-an is the confirmed KMT nominee and incumbent in a KMT-leaning city, with Dec 2025 TVBS polling showing 24-37 point leads over DPP contenders and a favorable national environment after both 2025 recall waves failed. Historical incumbent win rates for Taiwan special municipalities run 75-88%, and Polymarket (the only market anchor, as no Kalshi-direct price exists) prices YES at 86.5%, with Puma Shen at 13.5%. The mild 30-day drift down, a critical editorial, and the absence of a direct Chiang-vs-Shen poll justify keeping meaningful tail risk, but nothing surfaced suggests a scandal or wave capable of erasing a double-digit lead in ~90 days. I anchor near the market at 0.87 YES.
claude-fable-5-1
62% conf
| Yes | 87% |
| No | 13% |
Chiang is the confirmed KMT nominee and incumbent in a blue-leaning city, led all tested DPP rivals by 24-37 points in Dec 2025 TVBS polling, and benefits from a favorable national environment after both 2025 recall waves failed. The DPP's late, unconventional choice of Puma Shen (passing over Enoch Wu) does not suggest a stronger challenger, and no scandal or withdrawal risk has surfaced beyond a critical editorial and vague legal complaints. With no Kalshi-direct price, I anchor on Polymarket's 86.5% YES, which is consistent with the ~85% historical incumbent win rate for Taiwan special municipalities. The residual ~13% reflects the missing Chiang-vs-Shen head-to-head poll, the mild 30-day drift down in the Polymarket price, and roughly three months of remaining campaign uncertainty.
gpt-5.6-sol
72% conf
| Yes | 86% |
| No | 14% |
With no Kalshi-direct price available, the 86.5% Polymarket YES price is the primary consensus anchor. Chiang's confirmed nomination, incumbency, 24-37 point leads over previously tested DPP contenders, and the favorable post-recall environment all point toward Yes. Historical incumbent reelection rates of roughly 75-88% and the absence of a clear Taipei third-party spoiler reinforce that forecast. The lack of a direct Chiang-versus-Puma Shen poll, recent market softening, and unclear legal complaints preserve a meaningful No tail.
gpt-5.6-sol
74% conf
| Yes | 86% |
| No | 14% |
With no Kalshi-direct price available, the primary anchor is Polymarket’s 86.5% YES price. Chiang’s confirmed nomination, 24–37 point leads over previously tested DPP rivals, and the roughly 86% pooled historical incumbent win rate all point toward Yes. The failed recall campaigns, favorable KMT national environment, and lack of a serious withdrawal or scandal risk further support him. I retain a 14% No probability because Puma Shen has not been tested in a direct poll, recent approval trends are unavailable, and the market has softened from earlier highs.
6. Final plain mean of 5 draws
87%
(68% confidence)
Yes: 87%
No: 13%
Mean of 5 draws (0.87, 0.87, 0.87, 0.86, 0.86). Chiang Wan-an is the confirmed KMT nominee and incumbent in a KMT-leaning city, with Dec 2025 TVBS polling showing 24-37 point leads over DPP contenders, and the DPP ultimately nominated Puma Shen, a polarizing legislator unlikely to outperform the more centrist options polled. The national environment favors the KMT after both 2025 recall waves failed (Polymarket: 87.5% KMT wins most local races), and Taiwan special-municipality incumbents win ~85% of the time historically. With no Kalshi price available, I anchor on Polymarket's 86.5% YES, noting the mild downward drift and unspecified 'legal complaints' as small tail risks, but no head-to-head poll or scandal suggests a competitive race. The main uncertainty is the ~3 months remaining and absence of Chiang-vs-Shen polling.
Pipeline Timing
Total pipeline time: 234.1s
Per-tool research timings shown in the Research section above.